Imperial Tobacco Group PLC (IMT.L)
27 Nov 2014
|Market Cap (Mil.):||£27,420.65|
|Shares Outstanding (Mil.):||957.09|
(The following statement was released by the rating agency) LONDON, November 04 (Fitch) Fitch Ratings says Imperial Tobacco Group PLC's (Imperial; BBB/Negative) preliminary results for financial year to 30 September 2014 showed that trading performance was in line with our expectations for a weak FY14 and demonstrated management's ability to stabilise profits amid a challenging environment. However, the results also showed that the company's credit metrics, despite a slight improvement, con
* Raised dividend by 10 pct, pledges same or better in 2015
LONDON, Nov 4 - Imperial Tobacco Group reported declines in full-year revenue and profit on Tuesday, hurt by currency exchange rates and a reduction of inventories in several markets.
Sept 3 - Lorillard Inc said two of its e-cigarette subsidiaries sued Zippo Manufacturing Co in the United Kingdom to protect itself from Zippo's claims of trademark infringement regarding the blu brand of e-cigarettes.
LONDON, Sept 1 - British cigarette maker Imperial Tobacco has closed loans of about $13 billion to back its acquisition of selected brands and assets from Reynolds American Inc, the lead banks said on Monday.
LONDON, Aug 19 - Imperial Tobacco said it expected to report modest adjusted earnings growth in the full year after volumes from its top growth brands rose by 3 percent in the first nine months.
MADRID, July 23 - Imperial Tobacco Plc's distribution unit Logista, which joined the Spanish stock exchange earlier this month, said on Wednesday its greenshoe option had been fully exercised.
LONDON - British cigarette maker Imperial Tobacco is set to launch loans totaling $13.1 billion to back its acquisition of selected brands and assets from Reynolds American Inc , the lead banks said in a statement on Friday.
LONDON, July 18 - British cigarette maker Imperial Tobacco is set to launch loans totalling $13.1 billion to back its acquisition of selected brands and assets from Reynolds American Inc, the lead banks said in a statement on Friday.
LONDON - Worldwide mergers and acquisitions (M&A) activity has reached $2 trillion so far this year, 75 percent higher than last year, according to Thomson Reuters weekly data, helped by a string of large-cap companies striking high value deals.